Mediagazer: Too Good To Check — How journalists create myths and legends … (Edward Kosner/Wall Street Journal)

Claire Cain Miller / New York Times:

Techmeme Offers Tech News at Internet Speed — SAN FRANCISCO — News lovers in Washington can't live without Mike Allen at Politico. Hollywood squabbles over the relative merits of Sharon Waxman's TheWrap versus Nikki Finke's Deadline. The newspaper industry reads the news collected by Jim Romenesko.

Discussion: Rethink, Rex Hammock's RexBlog.com, Technologizer, Global Nerdy, The Next Web, MediaPost, Media Access Project, blackrimglasses, 1938, Alexia Tsotsis and Beet.TV

Still Not Going To Do This Every Day:

Exit — Always lead with the news: I've decided to leave my position at Newsweek and accept a job at Tumblr. Though this is cliche, it is indeed true that this has been a difficult decision for me. I have been and continue to be a loud and persistent defender of Newsweek, and this is not …

Discussion: ReadWriteWeb, Mediaite, Tumblr Staff, FishbowlNY and Vaccinium & Co.

Discussion: Romenesko, Silicon Alley Insider and Switched

Staci D. Kramer / paidContent:

Turner, Time Inc. Execs Got The SI.com Deal Done; Now About Making It Work — We all have personal soundtracks. Mine started playing Maybe This Time soon after I got off the phone with the top executives responsible for crafting the Turner/SI.com deal between Time Warner (NYSE: TWX) …

Discussion: Publishing Executive …

Discussion: WebNewser, The Wire, The Huffington Post, Digital Daily and paidContent

Alex Weprin / TVNewser:

Rick Sanchez: Rick's List Moving to 8 PM — CNN's Rick Sanchez is coming to primetime, at least temporarily. On “Rick's List” today, Sanchez casually dropped this line: — “Pretty soon we're going to have two things going on. A: We're going to be doing this newscast at 8:00 at night.

Discussion: The Wire and Mediaite

PR Newswire:

Playboy Enterprises, Inc. Announces Receipt of ‘Going Private’ Proposal at $5.50 Per Share — Playboy Enterprises, Inc. ("PEI") (NYSE: PLA, PLAA) today announced that its board of directors has received a proposal from Hugh M. Hefner ("Hefner") to acquire all of the outstanding shares of Class …

Discussion: Folio, paidContent, Wall Street Journal, DealBook, Associated Press, New York Observer, Globe and Mail, Multichannel, MinOnline, rbr.com and The Wire

Discussion: Financial Times

James Temple / Bloomberg:

Yahoo and Google in high-tech news war — Google Inc. and Yahoo Inc. are redefining the online news experience, but in diverging ways that underscore the evolving identities of the search giants. — Last week, Yahoo unveiled the Upshot, a blog created by the Sunnyvale portal's growing staff …

Discussion: MEDIA BEESWAX and Romenesko

Edward Kosner / Wall Street Journal:

Too Good To Check — How journalists create myths and legends, not least about themselves. — Hello, city desk, get me rewrite. Here's the lead: Many of the landmark moments in American journalism are carefully nurtured myths—or, worse, outright fabrications.

Jemima Kiss / Guardian:

Waging war on Wordpress: Posterous prepares the switch — Blogger, Wordpress and Typepad ruled the blogging roost for years, but a combination of Twitter, social networking and the rise of lite blogging have been eating away at long-form blog platforms. — Twitter has played a significant role …

Discussion: The Next Web, more at Techmeme »

Edmund Lee / AdAge:

Social Networks Sink Online-Ad Pricing — Facebook and Its Ilk Might Be Reducing Overall Pricing of CPMs — NEW YORK (AdAge.com) — Social networks and their endlessly growing page views have dominated every sphere of the web — from audiences to ad impressions.

Discussion: paidContent, the Econsultancy blog, Andy Beal's Marketing Pilgrim, Social Media at Work and Digital Media Wire

Jessica E. Vascellaro / Wall Street Journal:

Tech Firms Tout New Online-Ad Formats — Media Companies Are Urged to Think More Creatively About Digital Businesses — SUN VALLEY, Idaho—As media companies voice doubts about whether they can build their digital businesses on advertising alone, technology companies are trying hard to persuade them to think more creatively.

Discussion: Silicon Alley Insider, Digits, MarketingVOX, MediaPost and Search Engine Land

TheAustralian:

Students' iPad app catches the eye of media bosses — TWO graduate students from Stanford University have sold 100,000 of the iPad news app they developed. — TWO graduate students from San Francisco's Stanford University who developed an iPad application that aggregates news from multiple sources …

Discussion: TeleRead

Terry Heaton / Terry Heaton's PoMo Blog:

The Internet Weakens Authority — In 2004, I delivered an academic presentation to J-school students in Tennessee that examined what would happen to culture as postmodernism's mantra of “I experience or participate, therefore I understand” became the norm. I've given this presentation …

Bill Mitchell / Newspay:

Lancaster Paper Charges to View Obits in First Use of Journalism Online — Monday morning, the website for a midsized paper in southeastern Pennsylvania became the first to go public with the paid content system of Journalism Online, the startup engineered by Steve Brill, Gordon Crovitz and others.

Discussion: Pursuing the Complete …, Recovering Journalist, Romenesko, paidContent, CJR, mediabistro.com, Journalism.co.uk, BrauBlog and Fitz & Jen

Alexis Madrigal / The Atlantic Online:

Should Magazines Tag Advertorial Content for the Google Bots? — There's been quite a row in the science blogging world in the last week over Pepsi's purchase of a corporate blog on SEED Magazine's ScienceBlogs. Many of the network's bloggers responded with outrage over the intrusion of advertorial content into their midst.

Discussion: John Pavlus

Jessica E. Vascellaro / Wall Street Journal:

Malone Is Fired Up by Cable and Ready to Buy — Liberty Media Chairman John Malone is fired up about cable again, believing its high speeds will give it an edge over satellite as consumers devour more entertainment digitally. — The compulsive deal maker says he is looking for new investments …

Discussion: Company Town

Sharon Waxman / The Wrap:

Renowned Journalist Johnnie Roberts Joins TheWrap — I'm delighted to bring you the news this morning that Johnnie L. Roberts, an award-winning journalist well-known in Hollywood and media circles and a veteran of Newsweek and The Wall Street Journal, has joined TheWrap as an editor-at-large.

Discussion: Talking Biz News and Romenesko

Joseph Tartakoff / paidContent:

HP's Snapfish Buys Video Sharing Site Motionbox — HP's Snapfish—which currently is primarily an online photo storage service—is expanding into video with the purchase of video sharing site Motionbox. HP (NYSE: HPQ) says it will integrate Motionbox's platform, which lets users upload …

Discussion: The Business Of Online Video, NewTeeVee and CrunchGear, more at Techmeme »

Jim Romenesko / Romenesko:

WSJ national security reporter Dreazen joins National Journal — Yochi Dreazen Joins National Journal Group — Washington, D.C. (July 12, 2010) The National Journal Group announced today that veteran national security reporter Yochi Dreazen will be joining National Journal …

Discussion: FishbowlNY

Mike Masnick / Techdirt:

WSJ Opinion Highlights The Problems Of ‘Permission Culture’ — A bunch of folks have been sending in this Wall Street Journal opinion piece by author Tony Woodlief, where he aptly demonstrates the problems with the “permission culture” we've built up around copyright today.

Jennifer Mascia / New York Times:

A Web Site That's Not Afraid to Pick a Fight — When Jon Stewart announced on the June 29 episode of “The Daily Show” that “Jezebel thinks I'm a sexist,” some viewers may have been wondering: who exactly is Jezebel? — At least a million and a half people can answer that question …

Discussion: New York Observer, Mediaite, Guardian, NYConvergence, New York Magazine and The Wire

Steve Safran / Lost Remote:

Detroit newspapers join forces to start aggregator — The Detroit Free Press and The Detroit News are teaming up to launch Michigan.com, an aggregation site the hope will compete with MLive.com. — “Michigan.com will aggregate news, weather, sports, traffic, entertainment and recreation content …

John Koblin / New York Observer:

William Li Leaving Conde Nast — William Li, the former publisher of Men's Vogue and Portfolio, and the current associate publisher of Conde Nast Traveler, is leaving Conde Nast and the magazine industry altogether to become an executive for Ralph Lauren Home.

Nat Ives / AdAge:

Magazine Shutdowns Slow Drastically — But Print Launches Are Down, Too — NEW YORK (AdAge.com) — Magazines aren't closing like they used to, but new ones aren't coming along as quickly any more either. — Publishers only shut down 87 magazines in the first half of 2010 …

Discussion: MediaPost, The Wire, FishbowlNY and Romenesko

Rich Thomaselli / AdAge:

How LeBron's Entourage Got His ‘Decision’ on ESPN — NBA Free Agent Hooked Up With Uber-Agent  Ari Emanuel for Show Touted as Ad ‘Paradigm’ — NEW YORK (AdAge.com) — By now you've heard the offense against basketball star LeBron James' one-hour TV special to announce his team choice …

Discussion: Globe and Mail, tag me with a spoon and The Wire